Business

Pronovias enters administration for its sale to Cap Capital

Madrid – The pre-arranged steps for the swift acquisition of Pronovias by Cap Capital continue to be strictly followed. The leading global company in the bridal fashion sector has now been placed into administration. This is part of the “pre-pack” administration process that will conclude with its sale to the British investment group. According...

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VF Corporation returns to revenue growth in fiscal year 2026

The US-based apparel company VF Corporation reported financial results for its fourth quarter ended March 28, 2026, marking a return to full-year revenue growth alongside expanded margins and reduced debt. The company's board of directors authorized a quarterly per share dividend of 0.09 dollars, payable on June 18, 2026, to shareholders of...

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Fashion

Eco Age calls for brands to label "forever chemicals" on clothing

Eco Age, the sustainable fashion platform and communications agency, is calling on UK and EU regulators to pass legislation to ensure that PFAS, per- and polyfluoroalkyl substances, commonly known as “forever chemicals,” are labelled on clothing and textile products on physical hang tags and on digital product listings. As PFAS regulation...

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People

From heir to suspect: Jonathan andic faces uncertain future at Mango amid homicide probe

Madrid – Jonathan Andic, eldest son of Mango founder Isak Andic and currently the family’s sole representative on Mango’s board as non-executive vice president, faces an uncertain future after being arrested on Tuesday, May 19, in connection with his father’s death. A magistrate has formally named him as a homicide suspect, citing a “body of...

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